Richard Ross
Agent
Liberty National Life Insurance offers members excellence in life insurance products, including plans below $20,000 and plans $20,000 and more. The company offers plans including permanent, whole life, annual renewable, and mortgage decreasing.
Liberty National Life offers health care plans that can used to supplement members existing healthcare plans or be used as healthcare plans on their own. These plans can be used to cover unexpected illnesses or accidents. The plans include coverage for cancer, accidents, hospital intensive care, and hospital accident. These plans are backed by the financial strength and expertise of a company that has been successful and grown for over one hundred years.
Our affordable products help provide money for:
Plans below $20,000:
Hospital Income
This is a Section 125 cafeteria plan offered at the worksite which allows employees to purchase coverage with pre-tax dollars through payroll deduction. Products available are:
No matter how you look at it, companies need strong benefits to keep good employees, yet, paying for benefits can really cut into company profits. Too often it seems you just can't win. Fortunately, there is a plan that benefits the employer and the employee. The Liberty Worksite Advantage Section 125 Plan from Liberty National Life Insurance. Liberty Worksite Advantage is based on the Section 125 plan so companies can offer employees a strong benefit plan. And you save money.
It's simple. Liberty Worksite Advantage is built around Internal Revenue Code Section 125, the 1978 tax code which created cafeteria or premium only plans. Through a premium only plan employees can use their pre-tax dollars to pay premiums for an employer-sponsored health care plan. This allows you and your employees to reduce out-of-pocket costs for benefits.
Your payroll taxes for workers' compensation, unemployment insurance and FICA contributions could be as much as 10% of payroll. Pre-tax benefit payments will reduce your employee's taxable income, and as a result, reduce your contributions. So the more employees participate, the more you all save money. You will also save FICA and FUTA taxes you might currently pay on employee premiums.
More take home pay! Because Liberty Worksite Advantage allows employees to pay for benefit on a pre-tax basis, they will pay less tax and have more take home pay. In other words, through Liberty Worksite Advantage you can give employees an IRS approved benefit. You can offer your employees a variety of benefits through convenient pre-tax payroll deduction. Allowable benefits include medical, dental and vision, cancer, dread disease and intensive care, accident, disability, and group term life (up to $50,000).